Post Utme Coal City University 2018 Economics Question 29

Practice objective / multiple choice question 29 from the 2018 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2018 Economics Objective / Multiple Choice
Question 29 POST_UTME_COAL_CITY_UNIVERSITY • 2018 • ECONOMICS • objective

The concept of comparative advantage in international trade suggests that a country should specialize in producing goods for which it has a lower opportunity \cost. What is the opportunity \cost of producing a good in a country with a comparative advantage?

Answer Options

A. The \cost of producing the good
Correct Answer B. The \cost of producing an alternative good
C. The \cost of importing the good
D. The \cost of exporting the good
Correct Answer
B
Correct Option:
The \cost of producing an alternative good

About This Question

This is Post Utme Coal City University 2018 Economics Question 29. It is one of the objective questions from the 2018 Post Utme Coal City University Economics examination.

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